Weekly Initial Jobless Claims Decrease To 287k [CHARTS]

Weekly Initial Jobless Claims Decrease To 287k first appeared on Floating Path.

Initial jobless claims for the week ending September 27 were a seasonally adjusted 287k, down from the prior week’s revised reading of 295k. Not seasonally adjusted, jobless claims for the week were 227k.

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Individual states that had changes in claims of more than 1k (not seasonally adjusted):

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The 4-week moving average of initial jobless claims was 295k.

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The number of unemployment insurance recipients, or continuing claims, for regular state programs was 2.398 million, down from the previous week’s revised reading of 2.443 million.

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The insured unemployment rate, which is the number of unemployment insurance recipients as a share of covered employment, was 1.81%, lower than the 1.85% the week prior.

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90.28% of all U.S. jobs are covered by state unemployment insurance programs.

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Of the 9.591 million Americans currently unemployed, 25.00% receive unemployment insurance.

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Jobless claims and the unemployment rate:

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